With consultation underway to improve the New Zealand emissions trading scheme, experts argue that a reserve price on emissions units could help rebuild confidence in low-emission investment.

Prime Minister Malcolm Turnbull and federal energy minister Josh Frydenberg have been forced to back down on plans to legislate emissions reductions for the electricity sector.
AAP Image/Mick TsikasAugust 20, 2018

Australia used to have state-based emissions trading schemes, before they were ditched in favour of the now-abandoned national one. State premiers might say there's no way to resurrect them, but there is.

Climate diplomacy: in a another joint announcement from the US and China, president Xi Jinping committed to an emissions trading scheme in 2017.
EPA/Michael ReynoldsSeptember 26, 2015

Chinese President Xi Jinping has made a landmark commitment on climate change, pledging to launch what will become the world's largest and most important emissions trading scheme when it begins in 2017.

To win the vote of some conservative Liberals Malcolm Turnbull made it clear that he would stick with the present climate policy and not contemplate an ETS.
Lukas Coch/AAPSeptember 25, 2015

Malcolm Turnbull, it seems, cannot escape the emissions trading scheme (ETS) bogey. This time, it comes in the form of China’s plan – which had been foreshadowed but is now confirmed – to introduce a national…

In 2010 Malcolm Turnbull threatened to cross the floor to vote for emissions trading. Polls suggest the public would back him now, even if his party won’t.
AAP Image/Alan PorrittSeptember 18, 2015

Australia's government boasts of being one of the few nations to hit its Kyoto emissions target. But is it any wonder, when the Howard government successfully lobbied to make it almost unmissably easy?

Scaling back coalmining is one way Australia could make big progress towards its emissions targets.
CSIRO/Wikimedia CommonsApril 21, 2015

The Climate Change Authority has recommended Australia cut greenhouse gas emissions 30% below 2000 levels by 2025. While sensible, the government is unlikely to accept, and the target misses bigger opportunities to cut emissions.